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We've got a puree high. And a higher top, however in the RSI we have a high and a lowered high. What does this indicate? Does this mean that Bitcoin will go a exact bearish you? No, however, it will signify maybe it's so we are getting exhausted here. Even the bulls are getting exhausted and also we might be responsible for at least a consolidation, however, a change is very much possible.

Ofcourse. I would like to just show you just two examples that I have previously showed that you. We had a barrister brink is right there. And bit coded in D-CA correction. They aren't a massive one, but in D d correction. After which we had some other bearish divergence. The following. We'd low , but also the cost was accomplishing the exact opposite.

And if you keep in mind exactly what I mentioned here was I stated we're almost certainly heading out . We are likely going to go sideways or slightly to the downside, plus it had been zooming out there. We can actually see it can did indeed go or maybe even marginally towards the drawback here. So this is these bearish divergences generally show that.

We might be a little bit overextended in the short term. But when you are searching for the 4 hourly, I might desire to point it out might be somewhat too early to state this is going to be more supported divergence, also should Bitcoin could crack through the resistance here and starts planning above 10,000 afterward that modest bearish divergence is no more valid I think, since at that point it really is possible that this, the RSI is going to exceed the prior top there, and if so , we don't have some bearish divergence any longer.

But I am showing you that as that really is some thing that I am maintaining an eye right now, and I'd like to offer you a small update to the Bit coin dominance. It has come down a small bit longer and we will see how Bitcoin is really trying to break below this support lineup, which means that in case Bit-coin productively breaks down here, then old corn will begin.

All corn time of year, in my own estimation, have not started yet. We're still within an up trend, however we are getting very close to getting this support lineup broken. This may be actually the weekly interval, therefore let's try to find a weekly close below this line. Uh, you can easily see here how be commanded to violate this amount. But, uh, B disadvantage came back to the zone then your dominance lasted to really go upwards the following.

Subsequent upward, busting information. A little crypto currency market was simply hacked, however we don't know whether it was hacked or. Hacked. These points tend to be indoors jobs, I believe, but the most crypto was lost from the specific exchange. They say right here that deal end users, unfortunately, we now have to notify you with all the fact which our exchange was hacked at night time and also almost.

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